There is news that David Smith is now in a TCI jail following being arrested again. It is understood that his wife was also arrested but release on bail. It is understood that she is pregnant.
According to reports available the additional charges are in relation to the Management of OLINT TCI but no details were forthcoming from the Police.
This the latest twist in the David Smith and OLINT saga which sees OLINT having failed to pay Investors from at least January 2008. His offices and home was raided in the TCI in July 2008 and funds held buy OLINT and David Smith and Wife in the USA frozen that same month. He as then arrested and charged in February 2009 for fraud, uttering false documents and again in June 2009 on similar related charges.
The OLINT liquidator has effectively declared OLINT to have been a PONZI and have been asking the victims to come forward make state their claims.
The report is this time carried in on Radio Jamaica and in the Jamaica Gleaner